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Contents & notes: what this topic covers
Under Financing Business, the JAMB Commerce syllabus expects you to study:
- 8. Financing Business
- (i) Sources of finance (personal savings, sale of shares and bonds, loans, debentures, mortgage, bank overdraft, ploughing back of profit, credit purchase, leasing, etc.)
- (ii) Types of capital (share capital, capital owned, authorized capital, issued capital, called-up capital, paid-up capital, liquid capital, working capital and owners’ equity)
- (iii) Calculation of forms of capital, profits (gross and net) and turnover
- (iv) Problems of sourcing finance
- (v) The role of Bureau de change in an economy
Study notes & guidance
Study Financing Business using a recommended Commerce textbook that follows the JAMB syllabus. Work through the contents listed above one by one, make brief notes in your own words, and then practise as many questions on this topic as you can — in Commerce, understanding and steady practice matter far more than memorising. Use the objectives below as a checklist: if you can do each one confidently, you have mastered this topic.
Objectives — candidates should be able to
After studying Financing Business, you should be able to:
- (i) identify the various ways of financing a business; (ii) discuss the different types of capital (iii) compute the different forms of capital, profits and turnover; (iv) appraise the problems associated with sourcing finances for business; (v) assess the role of Bureau de change in an economy.
These objectives are from the official JAMB syllabus. Use them as a checklist — if you can do each one confidently, you have mastered this topic.
Source: official JAMB UTME Commerce syllabus (IBASS, jamb.gov.ng). Reproduced for study use. Last checked: 17 Sept 2026. Always confirm the current syllabus on the official portal.